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Settlement discussions held in 38 Studios case

Settlement discussions held in 38 Studios case

PROVIDENCE, R.I. (AP) — An attorney for the Rhode Island economic development agency suing Curt Schilling over his video game company's collapse says there have been settlement discussions in the case and the General Assembly should pass a newly introduced bill designed to encourage out-of-court resolutions.

Max Wistow on Tuesday described "general discussions" but wouldn't say with which defendants.

The Economic Development Corp. approved a $75 million loan guarantee for 38 Studios. The agency sued the former Red Sox pitcher and 13 others after the company went bankrupt last year.

The bill would shield any party that settles with the state from a lawsuit filed by a co-defendant over damages that co-defendant is found liable for.

Schilling's lawyer said last week the charges are baseless and she will litigate the case "to the fullest."

 

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